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20121202
20121210
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CNNW 1
KTVU (FOX) 1
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Search Results 0 to 2 of about 3 (some duplicates have been removed)
FOX News
Dec 2, 2012 3:00pm PST
campaigned for re-election on the idea of a, quote, balanced approach, end quote, to deficit reduction. a mixture of tax increases and spending cuts. here's the plan that the republicans say you presented to them this week. >> i can tell you what i presented if it would be helpful. >> let me ask you. >> but it's our plan. why don't you let me do t why don't you let me explain it. >> well, i would like to ask you about this part of it and then anything i leave out you can tell me. 1.$6 trillion in tax increases, more than $80 billion in new stimulus spending next year, and an unspecified nonguaranteed spending cuts. question, is that your idea of balance? >> it is. let me explain what is in this plan that they didn't report to you and they didn't explain to people, which is we have proposed alongside the trillion dollars in spending cuts, we agreed with republicans last year on defense and other range ever programs, we proposed $600 billion of detailed reforms and savings to our healthcare and medicare programs. that's $600 billion. in fact, the healthcare savings in that plan are large
CNN
Dec 3, 2012 4:00am PST
the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> the administration has presented a plan that calls for $1.6 trillion in new tax revenues. $400 billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. republicans have indicated that they want to raise revenue by lowering tax deductions, haven't given any specifics yet. brings us right to white house correspondent brianna keilar. good morning, brianna. >> good morning to you, soledad. yes, things are at an impasse here. i will tell you the white house after not being very happy with the pace of negotiations the week before last sent treasury secretary tim geithner up to the hill to outline this proposal. there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put
Search Results 0 to 2 of about 3 (some duplicates have been removed)